Market experts from Master Capital Services and ICICI Direct provided specific recommendations for key Indian stocks during NDTV Profit's Ask Profit show. According to Vishnu Kant Upadhyay, AVP Research at Master Capital Services, and Pankaj Pandey, head of research at ICICI Direct, investors should maintain hold positions in Reliance Industries and PNB Housing Finance, while buying opportunities exist in Ashok Leyland and Shriram Finance. The experts also advised avoiding SJVN due to execution challenges. Rajesh Bhosale of Angel One now adds Trent and Phoenix Mills as top picks, both showing significant breakout patterns and strong momentum potential. Latest market developments show improved investor sentiment following the interim US-Iran peace agreement, with crude oil falling below $85 per barrel easing inflation concerns and improving the FY27 outlook. CNBC TV18 reports that Matt Orton, Chief Market Strategist at Raymond James Investment, highlights India as an attractive opportunity within emerging markets, with particular focus on financials, telecom, and infrastructure sectors.
Reliance Industries is recommended as a hold for long-term perspective, with potential Jio IPO unlocking further valuation. As reported by ICICI Direct's Pankaj Pandey, the upcoming oil business is expected to perform well with crude oil prices correcting, while the energy business is shaping up well with clarity expected in the second half. The stock is currently trading at ₹1,307. The improved macro environment, with crude oil prices easing to below $85 per barrel, has moderated inflation concerns and supported a more stable interest rate outlook, improving earnings visibility for FY27. Raymond James' Matt Orton notes that India is increasingly becoming the value opportunity within emerging markets with valuations having compressed significantly.
For PNB Housing Finance, experts suggest maintaining a hold position with potential upside towards ₹1,095 from the current market price of ₹1,017.30. According to Master Capital Services's Vishnu Kant Upadhyay, the stock can be held with a trailing stoploss below ₹990. Similarly, Shriram Finance is recommended as a hold with momentum building towards ₹1,070-₹1,080 levels from the current price of ₹1,000.65. Fortis Healthcare is also suggested as a hold with the stock trying to break horizontal resistance above the 21-day exponential moving average. Angel One's Bhosale recommends buying dips rather than chasing moves, with defined stop losses, as the post-consolidation momentum is real but still early. Raymond James highlights ICICI Bank and HDFC Bank as key banking opportunities, noting these large-cap names should benefit from passive index flows while appearing inexpensive.
Indian markets are surging out of a month-long lull, with Nifty poised to reclaim April highs at 24,600. As per Angel One's Rajesh Bhosale, the momentum shift that began on Friday is now gathering strength, with Nifty sustaining above key support levels turning the short-term bias decisively positive. The 23,750–23,800 zone is acting as dip-buying support along the way. Bhosale advises investors to buy on dips and focus on stock-specific ideas where outperformance is expected to continue. Trent and Phoenix Mills are highlighted as top picks showing significant breakout patterns, supported by strong Asian markets and positive US equity futures. Raymond James' Matt Orton identifies Bharti Airtel as a hard-asset-oriented play with potential for average revenue per user (ARPU) growth acceleration, and Mahindra & Mahindra as a compelling opportunity despite recent oil price concerns. Latest analyst recommendations include NDR Auto Components showing a strong bullish breakout from a symmetrical triangle consolidation pattern, with the stock trading above short-term and medium-term moving averages.
